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About the Listing 8390 - 82783
**Incredible Investment Opportunity!** This fully occupied apartment complex features long-term tenants with current rents significantly below market value, offering substantial potential for income growth. Recent updates include a newer roof (2019) and brand-new windows and patio doors (2023). The property consists of two garden-style, two-story buildings totaling 48 units: 36 two-bedroom and 12 one-bedroom apartments, each with separate utilities. The two-bedroom units in Building 620 include in-closet washers and dryers. Additionally, there is a one-story structure between the buildings that serves as an office and storage space. With 85 paved parking spaces, this property is not only a strong rental investment but also presents an excellent condo conversion opportunity. Don't miss this chance to capitalize on a fantastic income-producing asset with significant growth potential!
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Electric
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 217.6X33X90.2X6X88.4X384.3X281.8X383.9
- Zoning: MULTI
- Roof: Composition
- Others:
- Sewer:
- Parking Features: 51-100 Spaces
Financial Details
- Tax Amount: $56,793
- Taxes w/Assessments: N/A
- Tax/Property ID: 1136327042
- Tax Year: 2022
Payment Calculator
Monthly Payment
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Questions About..
604-620 E Grant Hwy Marengo, IL 60152
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